Kenichi Industries had $420 million in sales last year and $310 million in fixed assets that were used at 70% of capacity. In millions, by how much could Kenichi's sales increase before it is required to increase its fixed assets?
Q: provide correct answer of this General accounting question
A: Here's how to solve this problem step-by-step, along with explanations and formulas:Understanding…
Q: Kindly help me with this question general accounting
A: Step 1: Define Days Sales Outstanding (DSO) and Accounts ReceivableDays Sales Outstanding (DSO)…
Q: Financial accounting question
A: Step 1: Definition of Total Asset Turnover and Return on Equity (ROE)Total Asset Turnover measures…
Q: provide correct answer
A: The given information includes:Stock price: $80Earnings per share (EPS): $10Expected growth rate:…
Q: Kenichi Industries had $420 million in sales last year and $310 million in fixed assets that were…
A: Step 1:First calculate sales if Kenichi operates at full capacity: Sales at full capacity = Current…
Q: Do fast answer of this accounting questions
A: Calculation of Material Price VarianceMaterials Price Variance = (Standard Price - Actual Price) ×…
Q: Calculate the actual price per pound of direct materials purchased
A: Explanation of Standard Cost: Standard cost represents a predetermined estimate of what a product…
Q: Give correct answer this financial accounting question
A: Step 1: Definition of Horizontal AnalysisHorizontal Analysis is a financial analysis technique used…
Q: Kindly help me with accounting questions
A: Step 1: Definition of Predetermined Overhead RateThe predetermined overhead rate is an estimated…
Q: compute the traditional overhead rate per labor hour.
A: Step 1: Definition of Traditional Overhead RateThe traditional overhead rate per labor hour is the…
Q: What is the level of its accounts receivable on these general accounting question?
A: Step 1: Define Accounts Receivable LevelThe Accounts Receivable Level refers to the total amount of…
Q: Do fast answer of this accounting questions
A: Calculation of Contribution Margin RatioContribution Margin Ratio = 1 - Variable Expenses…
Q: Please given correct answer general accounting question
A: Step 1: Define Convertible Bond ValueA convertible bond has two components:Bond Value (Investment…
Q: Get correct solution this general accounting question please answer do fast
A: Step 1: Define Cash from Operating ActivitiesCash from operating activities is the net cash…
Q: Compute the companywide break even point
A: Explanation of Break-Even Point: The break-even point represents the level of sales at which a…
Q: A local bakery sells 12,000 loaves of sourdough bread each year. The loaves are ordered from an…
A: Explanation of Economic Order Quantity (EOQ): Economic Order Quantity represents the optimal order…
Q: Find out what is the answer?
A: Approach to solving the question:Freeform Detailed explanation: The amount of income that remains…
Q: Please give me true answer this financial accounting question
A: Step 1: Definition of Loss to Shareholders from the Exercise of Stock OptionsThe loss to…
Q: Required information. [The following information applies to the questions displayed below.]…
A: For M Lee NoteNo. of days through maturity = 45 daysNo. of days from December 13 to December 31 = 18…
Q: Franklin Company had a beginning raw materials inventory of $9,500. During the period, the company…
A: Explanation of Raw Materials Inventory:Raw Materials Inventory refers to the materials and…
Q: Please solve this problem general accounting question
A: Step 1: Define Units-of-Activity Depreciation MethodThe units-of-activity depreciation method…
Q: Don't use ai given answer general accounting question
A: Step 1: Definition of Budgeted PurchasesBudgeted purchases represent the number of units a company…
Q: Maxwell Corp., which began business at the start of the current year, had the following data: The…
A: Explanation of Gross Margin:Gross Margin represents the profit a company earns from sales after…
Q: Hello tutor provide correct answer this accounting question not use chatgpt
A: Calculation of year-end 2023 Balance in Accounts ReceivableAverage Collection Period =(Accounts…
Q: Question: Gujri Place Clock Shop sold a grandfather clock for $2,250 subject to a 9% sales tax. The…
A: Step 1: Definition of Sales and Sales TaxConcept of Sales:Sales refer to the total revenue generated…
Q: What is the correct price of this question accounting
A: Step 1: Definition of Degree of Operating Leverage (DOL)Degree of Operating Leverage (DOL) measures…
Q: Company's gross profit. General accounting
A: Step 1: Definition of Gross ProfitGross profit is the financial metric that represents the…
Q: What is its ROE on these financial accounting question?
A: Step 1: Definition of Return on Equity (ROE)Return on Equity (ROE) is a financial metric that…
Q: Swifty Corporation received a check for $18240 on July 1 which represents a 6 month advance payment…
A: Unearned revenue is money received by an individual or company for a service or product that has yet…
Q: Torre Corporation incurred the following transactions. 1. Purchased raw materials on account…
A: 1. Purchasing Raw Materials:Debit Raw Materials $46,300Credit Accounts Payable $46,300When raw…
Q: What is the total cost of the job when it is completed in September on these financial accounting…
A: Step 1: Define Total Job CostTotal Job Cost refers to the total cost incurred to complete a specific…
Q: Identify and discuss at least 7 problems with the Jamaican tax system and then provide…
A: Numerous issues affect the Jamaican tax system which makes it difficult for revenue generation while…
Q: Compute the receivable turnover ratio of this financial accounting question
A: Step 1: Define Receivable Turnover RatioThe Receivable Turnover Ratio measures how efficiently a…
Q: Following is additional information about transactiona during the year ended May 31, 2020 for Monty…
A: The first step in preparing the cash flow statement using the direct method is to calculate the cash…
Q: Kindly help me with accounting questions
A: Step 1: Definition of Turnover Turnover (or asset turnover) measures the efficiency with which a…
Q: Financial accounting question
A: Calculate the total sales revenue after adding the budget-friendly coffee. Calculate the revenue…
Q: A proposed project has estimated sale units of 2,500, give or take 2 percent. The expected variable…
A: To calculate the total annual variable costs using a variable cost estimate of $13 per unit, follow…
Q: ht = ences X On December 1, Jasmin Ernst organized Ernst Consulting. On December 3, the owner…
A: From the given information, the only revenue for Ernst Consulting in December is the Consulting…
Q: Financial Accounting Question please solve this problem
A: Step 1: Define Accounts Receivable BalanceThe Accounts Receivable Balance refers to the total amount…
Q: Calculate the contribution per unit
A: Explanation of Contribution per Unit: The contribution per unit represents the amount of money…
Q: general accounting
A: Step 1: Definition of Price-Earnings (P/E) RatioThe Price-Earnings (P/E) ratio is a financial metric…
Q: Financial accounting question
A: given data:Initial deposit (P) = $1,250,000Annual interest rate (r) = 4.5% (0.045 in decimal)Annual…
Q: Sales commissions are $6,000 when 1,500 units are sold and $12,000 when 3,000 units are sold. Using…
A: Explanation of High-Low Method:The high-low method is a technique used in cost accounting to…
Q: Need answer
A: The predetermined overhead allocation rate is calculated using the formula: Predetermined Overhead…
Q: Provide answer
A: The budgeted cash disbursement for June is calculated as follows: Formula table: Result of the…
Q: The total factory overhead for Delta Manufacturing is budgeted at $750,000 for the year and…
A: Step 1: Definition of Direct Labor Hours (DLH)Direct labor hours (DLH) refer to the total number of…
Q: What is the degree of operating leverage on these accounting question?
A: Step 1: Define Degree of Operating Leverage (DOL)The degree of operating leverage (DOL) is a…
Q: Answer the following requirements for this accounting question
A: Step 1: Define Gross Profit PercentageGross Profit Percentage (Gross Profit Margin) is a financial…
Q: Can you please solve this financial accounting question?
A: Step 1: Define Double-Declining Balance (DDB) Depreciation MethodThe Double-Declining Balance (DDB)…
Q: 4 POINTS
A: The sales volume variance is calculated as follows: Sales volume variance = (Actual sales - Budgeted…
Kenichi Industries had $420 million in sales last year and $310 million in fixed assets that were used at 70% of capacity. In millions, by how much could Kenichi's sales increase before it is required to increase its fixed assets?
Step by step
Solved in 2 steps
- need help this questionsBuzzy Manufacturing Company has P2 billion in sales and P0.6 billion in fixed assets. Currently, the company’s fixed assets are operating at 80% of capacity. What level of sales could Buzzy have obtained if it have been operating at full capacity? What is Buzzy’s target fixed assets to sales ratio? If Buzzy’s sales increased by 30%, how large is the increase in fixed assets will the company need to meet its target fixed assets to sales?ans
- Williamson Industries has $7 billion in sales and $1.944 billion in fixedassets. Currently, the company’s fixed assets are operating at 90% of capacity.a. What level of sales could Williamson Industries have obtained if it had been operatingat full capacity?b. What is Williamson’s target fixed assets/sales ratio?c. If Williamson’s sales increase 15%, how large of an increase in fixed assets will thecompany need to meet its target fixed assets/sales ratio?Earleton Manufacturing Company has $3 billion in sales and$787,500,000 in fixed assets. Currently, the company’s fixed assets are operating at 80% ofcapacity.a. What level of sales could Earleton have obtained if it had been operating at fullcapacity?b. What is Earleton’s target fixed assets/sales ratio?c. If Earleton’s sales increase 30%, how large of an increase in fixed assets will thecompany need to meet its target fixed assets/sales ratio?Walter Industries has $5 billion in sales and $1.7 billion in fixed assets. Currently, the company’s fixed assets are operating at 90% of capacity. What level of sales could Walter Industries have obtained if it had been operating at full capacity? b.What is Walter’s Target fixed assets/Sales ratio? c.If Walter’s sales increase 12%, how large of an increase in fixed assets will the company need to meet its Target fixed assets/Sales ratio?
- need this account subjects solutionsWilliamson Industries has $3 million in sales and $2.838 million in fixed assets. Currently, the company's fixed assets are operating at 90% of capacity. a. What level of sales could Williamson Industries have obtained if it had been operating at full capacity? Write out your answer completely. For example, 25 million should be entered as 25,000,000. Round your answer to the nearest cent. 2$ b. What is Williamson's target fixed assets/sales ratio? Do not round intermediate calculations. Round your answer to two decimal places. % c. If Williamson's sales increase 14%, how large of an increase in fixed assets will the company need to meet its target fixed assets/sales ratio? Write out your answer completely. For example, 25 million should be entered as 25,000,000. Negative value should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to the nearest cent.Last year Wei Guan Inc. had $625 million of sales, and it had $270 million of fixed assets that were used at 65% of capacity. In millions, by how much could Wei Guan's sales increase before it is required to increase its fixed assets? please type out all of your work
- Williamson Industries has $3 billion in sales and $2.826 billion in fixed assets. Currently, the company's fixed assets are operating at 90% of capacity. a. What level of sales could Williamson Industries have obtained if it had been operating at full capacity? Enter your answer in billions of dollars. Round your answer to five decimal places. $ billion b. What is Williamson's target fixed assets/sales ratio? Do not round intermediate calculations. Round your answer to two decimal places. % c. If Williamson's sales increase 13%, how large of an increase in fixed assets will the company need to meet its target fixed assets/sales ratio? Enter your answer in billions of dollars. Negative value should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to five decimal places. billion $Last year, Baron Enterprises had $350 million of sales, and it had $270 million of fixed assets that were used at 65% of capacity last year. In millions, by how much could Baron's sales increase before it is required to increase its fixed assets? a. $170.09 b. $179.04 c. $188.46 d. $197.88 e. $207.78 MCQLast year Handorf-Zhu Inc. had $850 million of sales, and it had $425 million of fixed assets that were used at only 85% of capacity. What is the maximum sales growth rate the company could achieve before it had to increase its fixed assets? Please explain process and show calculations.
